Home / Crypto Currency / Cryptocurrency Lending Platform Lavenir Announces Partnership with Merrill Lynch

Cryptocurrency Lending Platform Lavenir Announces Partnership with Merrill Lynch

Lavenir is one of the latest projects to hit the cryptocurrency world that launched its ICO on April 4. With the ICO price set at 1 Ethereum (ETH) being equal to 1000 Lavenir (LVR) tokens. Early investors are also able to receive a variety of bonuses through the ICO. It is a lending platform which aims to connect cryptocurrency investors with financial experts and experienced traders in order to grow their cryptocurrency holdings.

Lavenir has announced on social media that it has partnered with wealth management giant Merrill Lynch in order to provide its investment products on a mainstream level, as well as work with Merrill Lynch to provide other investment products beyond just those dealing with cryptocurrency. It was also noted that Lavenir is currently seeking other partnerships with major companies dealing with investments and wealth management in order to provide more mainstream exposure to Lavenir’s services as well as provide the best possible products to users.

The Lavenir Business Model

This platform will allow users to lend their digital currency to the exchange against interest payments. However, it is worth noting that this is not intended to be a get rich quick scheme. Users will lend crypto to the platform and then expect to get some of the profits based on a set interest rate. Unlike other sites which only accept Bitcoin or Ethereum, Lavenir will accept a variety of cryptocurrencies allowing users to earn interest on a larger share of their holdings. There is also the possibility that the platform will add other crypto coins in future to match the needs of investors.

The platform will be backed by a team of financial experts who have years of experience in the crypto markets. They have also worked with other financial instruments such as bonds and stocks with much success. Proven trading methods will be used to ensure maximum profitability with the lowest possible risk to investor funds. Their aim is to make cryptocurrency investments profitable; despite the level of engagement that the user has with crypto markets.

It Offers a Stable investment Opportunity

Lavenir is a revolutionary platform created with the aim of creating long-term value for investors. There are various investment rates and terms that will be offered, including the option to lend with no minimum loan period. These terms and trades are in line with the platform’s long-term vision of creating a reliable, stable, and secure way of delivering returns from crypto investments. The ultimate goal is to offer a dependable source of income for those who chose to invest in the platform.

Besides that, the interest rates offered on this platform are stable and locked in at the time the loan is made. This is unlike on other platforms where the rate promised may fluctuate due to complicated forumlas. The main reason for these fluctuations is that these sites rely on trading bots. However, the Lavenir platform is run entirely by experts.

To learn more about Lavenir and the ICO, visit www.lavenir.io

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

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Institutional Investor: Crypto Will be Worth Trillions, Launches Hedge Fund

After leaving his position as an executive at Steven Cohen’s Point72 hedge fund, Travis Kling decided to start his own crypto-focused fund. This was a big and bullish announcement back then, but it still wasn’t enough to save the crypto market, which crashed only a month later. The following nine months were almost completely ruled by the bears, which has brought a lot of damage to the crypto world. Still, according to new reports, Kling has never given up on this project, and it seems that he will finally be ready to launch the new hedge fund over the next month. The dates have not been set yet, and it is possible that the fund’s launch will be as soon as in about two weeks. Former Point72 Manager Plans the Launch of His Own Crypto Fund The fund has been expected for a long time now, and according to what is known, it will be based in Delaware. Some reports even managed to find out that the name of the fund will supposedly be “Ikigai”. While nobody known for sure when the fund’s launch is actually going to be, it is known that it will happen in October. At first, the fund will be backed by a certain amount of capital that Kling’s unnamed partners have invested. However, later down the line, after the project starts its development properly, Kling plans to search for additional investors. Additionally, he will also add $15 million on November 1st, according to the reports. Eventually, by the time the mid-2019 arrives, Kling hopes that the fund will grow and expand to around $100 million. He even expects Ikigai’s venture branch to rise to $33M in capital invested. As for the foreign investors interested in the fund, they will be capable of allocating capital through investment vehicle based on the Cayman Islands. A Multi-Trillion Asset Class? During one of his recent interviews, Kling stated that he truly believes in the project, as well as the concept, and those willing to back it. This, more than anything, indicates that the project is more than just an attempt to generate large profits. Kling stated that he expects this to become a multi-trillion asset class that will expand to touch everyday life. He stated in an interview: It’s still very early, but the development and growth of this technology will be exponential. The firm will have a 13-person team that is said to be located in Los Angeles, while the fund will seemingly follow the regulations implemented by the Delaware government. Many believe that Ikigai’s launch will come on October 1st and that most of the allocated capital will remain in cash, at least at first. This is due to the fact that the investors are still trying to find a secure way into the crypto world. The post Institutional Investor: Crypto Will be Worth Trillions, Launches Hedge Fund appeared first on NewsBTC.

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